Gettop Acoustic Co., Ltd. acquired a 54.9550% stake in Shanghai Shugu Electronic Technology Co., Ltd. from Will Semiconductor Co., Ltd. for CNY 16 billion.
August 25, 2022
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Gettop Acoustic Co., Ltd. (SZSE:002655) acquired a 54.9550% stake in Shanghai Shugu Electronic Technology Co., Ltd. from Will Semiconductor Co., Ltd. (SHSE:603501) for CNY 16 billion on August 25, 2022. The transaction has been financed by cash on hand. As on June 30, 2022, Shanghai Shugu Electronic Technology had total assets of CNY 80.82 million and net assets of CNY 9.98 million.
Gettop Acoustic Co., Ltd. (SZSE:002655) completed the acquisition of 54.9550% stake in Shanghai Shugu Electronic Technology Co., Ltd. from Will Semiconductor Co., Ltd. (SHSE:603501) on August 25, 2022.
Will Semiconductor Co.,Ltd. Shanghai is specialized in designing, manufacturing, and marketing semiconductors and related products. The group offers semiconductor devices, integrated circuits, capacitors, inductors, transistors, diodes, switches, etc. for use in electronics and computer systems.
Gettop Acoustic Co., Ltd. acquired a 54.9550% stake in Shanghai Shugu Electronic Technology Co., Ltd. from Will Semiconductor Co., Ltd. for CNY 16 billion.
WILL SEMICONDUCTOR CO., LTD. 
